In 1984, Suzanne Pogell wanted to learn to sail, but she could find no one to teach her. She finally did convince someone to teach her to sail and, after mastering sailing, she started an all-woman sailing school called "Womanship" as a sole proprietorship. When she dies, which of the following will occur?
A) The government takes over and sells the assets.
B) The business dies with her.
C) The business continues with the employees running it.
D) The business can be continued by any blood relative.

Question

Quizplus · Accepted Answer

Since Womanship is a sole proprietorship, it is solely owned and operated by Suzanne Pogell. Therefore, when she dies, the business dies with her. There is no legal entity separate from the owner, and no designated successor or plan for continuity.

In 1984, Suzanne Pogell Wanted to Learn to Sail, but She